Analysts discount GLP-1 eye problems

Today’s Big News

Jul 8, 2024

Lilly inks $3.2B Morphic buyout to snag oral rival to Takeda's IBD blockbuster


With Boehringer ruling, industry extends legal losing streak against Medicare price negotiations


Novo’s Ozempic, Wegovy linked to potential eye problem? Not so fast, analysts say


Thermo Fisher collects competition green lights for $3.1B Olink takeover


Roche stops pivotal TIGIT trial after Keytruda lands knockout blow at first attempt


Novo Nordisk publicly reprimanded over undisclosed payments, adding to marketing woes in UK


Alcon inks $466M deal for Belkin Vision's automated laser therapy for glaucoma

 

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Lilly inks $3.2B Morphic buyout to snag oral rival to Takeda's IBD blockbuster

Eli Lilly has agreed to buy Morphic for $3.2 billion, giving the Big Pharma control of an oral, midphase challenger to Takeda’s injectable inflammatory bowel disease blockbuster Entyvio.
 

Top Stories

With Boehringer ruling, industry extends legal losing streak against Medicare price negotiations

Boehringer Ingelheim joins AstraZeneca, J&J and Bristol Myers Squibb in having a case challenging Medicare price negotiations fail to bear fruit. Lawsuits from Novo Nordisk, Merck and Novartis are still pending.

Novo's Ozempic, Wegovy linked to potential eye problem? Not so fast, analysts say

Novo Nordisk’s popular GLP-1 analog semaglutide may be linked to a vision loss disorder, a study suggests. But one team of analysts cautioned against reading too much into the analysis.

Thermo Fisher collects competition green lights for $3.1B Olink takeover

With a new go-ahead from antitrust regulators in the U.K., Thermo Fisher Scientific is on its way to closing its $3.1 billion deal for Olink, the Swedish developer of protein analyzers, antibody tests and research services.

Roche stops pivotal TIGIT trial after Keytruda lands knockout blow at first attempt

Keytruda has beaten Roche’s TIGIT drug candidate at the first interim analysis of a phase 2/3 lung cancer trial, prompting the Swiss drugmaker to stop the study and consider changes to the broader program.

Novo Nordisk publicly reprimanded over undisclosed payments, adding to marketing woes in UK

The U.K.’s drug marketing watchdog has slammed Novo Nordisk for failing to disclose transfers of around 7.8 million British pounds ($10 million) to more than 150 bodies.

Alcon inks $466M deal for Belkin Vision's automated laser therapy for glaucoma

The deal includes an upfront transfer of $81 million, including about $65 million in cash—plus the opportunity for up to $385 million more in sales-based milestone payments.

Takeda spinout HilleVax sees stock sink 80% as norovirus vaccine flunks phase 2 trial in infants

HilleVax's stock took a nosedive after the vaccine biotech’s sole clinical-stage candidate failed a phase 2b trial in norovirus-related acute gastroenteritis.

Roche scores FDA nod for prefilled syringe version of Vabysmo, easing its administration

Since Roche gained approval for its eye disease medication Vabysmo in 2022, it has stormed a market dominated by Regeneron and Bayer’s Eylea. Roche has taken another step in its advancement of the blockbuster medicine, scoring an FDA nod to provide it in a prefilled syringe. The 6-mg, single-dose shot will give doctors a simplified, ready-to-use alternative to extracting Vabysmo from a vial.  

Merck puts 1,000-plus Zostavax lawsuits to bed after plaintiffs file for dismissal

A U.S. appeals court has tossed a request to resurrect certain lawsuits claiming Merck’s popular shot Zostavax caused patients to develop shingles. The court made its decision after the plaintiffs filed a voluntary dismissal some two years after logging a loss in Pennsylvania.

'Galvanized' by early data, British biotech Myricx secures $114M series A to take ADCs into clinic

When it comes to the red-hot antibody-drug conjugate space, Big Pharmas have tended to head to China to build up their pipelines. But U.K.-based Myricx Bio has caught the eye of a crop of major investors courtesy of its unique science

J&J, Arcutis back educational video series about how skin conditions affect people of color

The Skin of Color Society (SOCS) has begun rolling out a new series of videos tackling misconceptions around and nuances in how skin diseases and conditions affect people with darker skin tones.

Bausch + Lomb debuts ‘Know Your Dry Eye’ site after survey reveals lack of awareness

A recent survey shows that many people have less than 20/20 vision when it comes to spotting symptoms of and statistics about dry eye. With the launch of a new online hub, however, Bausch + Lomb is aiming to improve that outlook.

Pulse Biosciences nets FDA breakthrough tag in cardiac pulsed field ablation

After developing its tech for use outside cardiology, Pulse Biosciences has received a boost from the FDA to adapt its approach for atrial fibrillation.
 
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2024 Life Sciences Industry Outlook

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The “Best Practice Organization” & Its Importance for Success in Today’s Biopharma Industry

In a complex industry like biopharma, being a “Best Practice Organization” (BPO) is essential to success. But what is a BPO & how do you build one? This eBook provides the answers.
 

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